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205 West Ave
Tallmadge, OH 44278

Giant Eagle: Tallmadge, OH · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Supermarket
Building Size
70,046 SF
Building Class
B
Year Built/Renovated
1993/2001
Tenancy
Single
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.16
Land Acres
9.99 AC
Parking
400 Spaces (5.71 Spaces per 1,000 SF Leased)
Frontage
475 ft on West Ave

Amenities

  • Pylon Sign
  • Signage
  • Signalized Intersection

About 205 West Ave , Tallmadge, OH 44278

CBRE is pleased to exclusively offer investors the opportunity to acquire a 70,046-square-foot free standing Giant Eagle situated on 9.99 acres in Tallmadge, Ohio (Population: 17,527), a bedroom community within the Akron MSA (Population: 702,221). Giant Eagle' s NN lease has ±9 years remaining and features $0.50 per-square-foot rent increases every 5 years throughout the initial term and $0.25 per-square-foot rent increases throughout each of the six 5-year options to renew. The property is ideally positioned less than 5 miles northeast of Downtown Akron and features excellent access and visibility on West Avenue (Traffic Count: 15,240 VPD). Giant Eagle also benefits from its close proximity to the Tallmadge Town Square Historic District, located just a half-mile east of the site. Other retailers with a presence in the immediate vicinity include AutoZone, Dunkin' Donuts, McDonald' s, Chevrolet, Ford, Circle K, Arby' s, Subway, Rite Aid, Taco Bell, A&W, and O' Reilly Auto Parts among many others. Furthermore, the site is proximate to Chapel Hill Mall, an 860,000 square foot enclosed mall that is situated less than 2 miles from the property. In total, there are 6.3 MSF of retail, 3.0 MSF of office, 10.6 MSF of industrial and 6,731 multifamily units within a 3-mile radius.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
60-01154
Land Assessment
$337,299
Improvements Assessment
$1,915,624
Total Assessment
$2,252,923
  • Listing ID: 7555099

  • Date on Market: 2017-06-06

  • Last Updated:

  • Address: 205 West Ave, Tallmadge, OH 44278

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